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Why Banks Fail
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Why do banks fail? Open discussion about the current economic situation
Recent Posts Tagged With 'financial crisis'
Banks Fail, Paulson Wins
John Paulson profited more than anyone else (that we know of) during the depression/recession/crash of 2008. He is a hedge fund manager. Before we were talking about $7 billion in bailout funds, he had already cashed in a $3.7 billion payday in...
Semyon Dukach, MIT Blackjack Team: On the Financial Industry
Semyon Dukach has posted on his site, Semyon.com a comparison of the modern financial industry instruments to generate revenue with the strategies used in blackjack in The real cause of the financial crisis. Specifically he focuses on the Martingal...
Bailout Total = $4.28 trillion
CNBC has been keeping track of the total dollars spent so far on the Financial Crisis that we are seeing. That total is, $4.28 trillion. The post, Financial Crisis Tab Already In The Trillions, says “… that number is more than what wa...
